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negotiations because evidently according the wall street journal this is one thing that perhaps john boehner and the white house can agree upon that for high income individuals they maybe shouldn't get this tax exemption. anymore how would this impact things oh it's just are very skewed to high income earners now are people in high tax brackets people at the very top get about probably twenty seven percent of the advantage the people in the one percent get about twenty seven percent my own view is that it will really not hurt the bond market the municipal market that much there is massive demand for these bond issuers annual issuances been shrinking year by year so there's less. you know in the end i don't think it's really that big a deal personally the states are going to have to give something up i mean they they don't want federal funds coming to them cut they don't want to cut you know something has to give in this fiscal cliff play the states have to contribute something to the to the you know to the party so you think that if if this tax exempt status of interest is curbed to an exten
negotiations because evidently according the wall street journal this is one thing that perhaps john boehner and the white house can agree upon that for high income individuals they maybe shouldn't get this tax exemption. anymore how would this impact things oh it's just are very skewed to high income earners now are people in high tax brackets people at the very top get about probably twenty seven percent of the advantage the people in the one percent get about twenty seven percent my own view...
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it's not surprising that speaker boehner has put forth a significantly flawed plan, in my view, that would jeopardize our economic recovery, undermine the middle class by not providing immediate support for a recovery, an additional recovery, and do very little to achieve real deficit reduction. while the president, in contrast, has put forward a clear and specific plan, the speaker's proposal is light on details related to deficit reduction. it is, i sense, another sign that the republican party is out of touch with the majority of americans who favor the president's approach. we have had an election where voters made it clear that if you're going to propose major policy changes, then those proposals must be real and credible. americans want us to be candid with them, honest with them to make difficult decisions, that they're willing to support these decisions if we are, indeed, candid and straightforward. we can disagree about policy. we do that all the time. but it's hard to disagree about simple arithmetic. the speaker, for example, has proposed $800 billion in taxes through -- q
it's not surprising that speaker boehner has put forth a significantly flawed plan, in my view, that would jeopardize our economic recovery, undermine the middle class by not providing immediate support for a recovery, an additional recovery, and do very little to achieve real deficit reduction. while the president, in contrast, has put forward a clear and specific plan, the speaker's proposal is light on details related to deficit reduction. it is, i sense, another sign that the republican...
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i think boehner's heart is in the right place, but he's caught up. it's his role to sort of grind out a deal with the president, rather than speak for the party. noww you know, stuart, in the british system, someone will stand on the floor of the house of commons in the opposition and give a major statement of the party's position in any given fight. i don't see why it should not be possible to designate somebody like paul ryan or eric cantor or even marco rubio to stand down in washington and give a major presentation. charles: if they give the presentation and the lead ser doing something different -- and the leader is doing something different, isn't that a mixed message? >> boehner needs to put it in a larger context of purpose. he hasn't done that. stuart: he's stuck in the process. >> he's bogged-down in the process and obama is defining the narrative. >> the fiscal cliff deal is really about tax hike, that's the primary component is about the tax hikes. the spending is a very little percentage. we're focusing on a deal rather than the larger e
i think boehner's heart is in the right place, but he's caught up. it's his role to sort of grind out a deal with the president, rather than speak for the party. noww you know, stuart, in the british system, someone will stand on the floor of the house of commons in the opposition and give a major statement of the party's position in any given fight. i don't see why it should not be possible to designate somebody like paul ryan or eric cantor or even marco rubio to stand down in washington and...
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boehner is holding the line. it's interesting, new fox news poll came out yesterday and people were asked, if income taxes do go up on the top 2% or whatever, should the president agree to make major spending cuts as well? look at that gigantic number. about 90% say yes. only the hard liners, 9%, say no. >> yeah. yeah. that's encouraging and that's more evidence that the president's claim to some sort of broad mandate to hike all taxes, not just income taxes, is not there. and look, look at the medical device tax. now you've got all of these democratic senators who voted into place running from it, screaming bloody murder! they're finally getting the message and i think this really should bolster the tax reform. >> gretchen: it also show that americans realize that just increasing taxes does not fix the problem that america has right now. and what we're passing on to the next generation focusly. real quickly, your thoughts on going green means going broke for some schools. please explain. >> yeah. big energy scam
boehner is holding the line. it's interesting, new fox news poll came out yesterday and people were asked, if income taxes do go up on the top 2% or whatever, should the president agree to make major spending cuts as well? look at that gigantic number. about 90% say yes. only the hard liners, 9%, say no. >> yeah. yeah. that's encouraging and that's more evidence that the president's claim to some sort of broad mandate to hike all taxes, not just income taxes, is not there. and look, look...
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i want to have you listen to a sound bite from speaker boehner. >> listen we have been reasonable and responsible in our approach to this and we're going to continue to do that. it's time for the president to do his part. >> jennifer: i don't know if you can hear that. >> i heard it. but very quickly, we got here because of two massive tax cuts two unpaid for wars and financial recklessness on wall street and deregulation. we need to restore those upper income brackets and have an investment program to put people back to work. the fed recognizes this. and as someone in business for me the issue is not whether i'll pay 35 or 39% next year it is whether people will have the incomes to buy the products and services we want to produce in the economy. that's where the focus ought to be. >> jennifer: all right. he is the guy that knows about california and the nation former california state treasurer, and up next i don't know about you, but i >> jennifer: we're back in "the war room," i'm jennifer granholm. we have been searching for a well-constructed argument that puts a button on this ri
i want to have you listen to a sound bite from speaker boehner. >> listen we have been reasonable and responsible in our approach to this and we're going to continue to do that. it's time for the president to do his part. >> jennifer: i don't know if you can hear that. >> i heard it. but very quickly, we got here because of two massive tax cuts two unpaid for wars and financial recklessness on wall street and deregulation. we need to restore those upper income brackets and...
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boehner responded saying, quote, i've september the president our proposal. if he doesn't like our plan, he
boehner responded saying, quote, i've september the president our proposal. if he doesn't like our plan, he
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chairman, taking the volcker rule into effect there is a debate with the boehner plan about the chained cpi and as an economist is there logic and going to that? do think it's a move that should be done separate from the politics of it and again the labor market come he talked about the importance of the 6.5% threshold but the broader conditions and the nemesis -- in your mind what is happening in the job market? are we creating jobs? is that why it's coming down or is it because people, the degree of discouraged workers? what is your sense on how quickly it has fallen because of new employment? >> on the first question, chained cpi versus the fixed-rate cpi, the technical issue, chained cpi is technically better according to most economists because it allows for changes in goods and services that people actually consume more effectively. however more appropriate for social security indexing or not i think that is a political decision. i suppose a rejoinder would be that neither the cpi nor the chained cpi may be a good measure of the cost of living for social security recipients so tho
chairman, taking the volcker rule into effect there is a debate with the boehner plan about the chained cpi and as an economist is there logic and going to that? do think it's a move that should be done separate from the politics of it and again the labor market come he talked about the importance of the 6.5% threshold but the broader conditions and the nemesis -- in your mind what is happening in the job market? are we creating jobs? is that why it's coming down or is it because people, the...
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boehner, and the president. and i believe that they will have a framework agreement. i believe they'll have it early next week. and i believe it will secure the votes in both the senate and the house. we may miss some on the wings, but i think the center will hold, and i think it can pass. >> senator kent conrad, it's been a pleasure working with you all these years. the senate is going to miss you. you're one of the well reasoned ones on the hill and in that chamber. i appreciate your time and thanks for joining us tonight. all the best to you. >> thank you, ed. love your show. >> thank you. >> and that is "the ed show." i'm ed schultz. the "rachel maddow" starts right now. good evening, rachel. >> good evening, ed. thanks, my friend. and thanks to you at home for staying with us this hour. over the summer, this past summer, republican governor rick snyder of michigan signed a bill to expand the use of telemedicine in his state. his new law requires that insurance companies have to pay for treatment that you get via contact with a doctor through like a web cam or oth
boehner, and the president. and i believe that they will have a framework agreement. i believe they'll have it early next week. and i believe it will secure the votes in both the senate and the house. we may miss some on the wings, but i think the center will hold, and i think it can pass. >> senator kent conrad, it's been a pleasure working with you all these years. the senate is going to miss you. you're one of the well reasoned ones on the hill and in that chamber. i appreciate your...
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the pursuit with john boehner in 2011, obama was willing. there's reason to suspect there's something to all this chatter. and the question then becomes why? why would obama who simply by doing nothing these next few weeks could get the tax hike on the wealthy he's been demanding without touching medicare and social security? why would he entertain such drastic changes to the safety net? most likely culprit is the dreaded debt ceiling. here's why. republicans came to these talks with no leverage. the consequences of doing nothing before the december 31st meeting were worse for them than democrats. they looked into 2013 and maybe found something there. they're threatening again to hold the full credit of the united states hostage. joous lick the debacle of 2011. obama's official position on this is he won't be blackmailed. and he won't -- but this is a dangerous game. if republicans are serious about pulling a repeat of 2011, obama can't ignore them. since it will wreck immediate havoc on the economy. white house wants at the very least a lon
the pursuit with john boehner in 2011, obama was willing. there's reason to suspect there's something to all this chatter. and the question then becomes why? why would obama who simply by doing nothing these next few weeks could get the tax hike on the wealthy he's been demanding without touching medicare and social security? why would he entertain such drastic changes to the safety net? most likely culprit is the dreaded debt ceiling. here's why. republicans came to these talks with no...
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. >> stephanie: and they're looking at this same polling and yet john boehner is still saying things like this. >> where are the president's spending cuts? the longer the white house walks this process the closer our economy gets to the fiscal cliff. >> stephanie: how many times can the president say it? you know, this is not negotiable. tax rates have to go up on the wealthiest. >> right. well you know, it is a very strange situation. it does feel a lot like groundhog day. but i think john boehner knows what's going to happen and right now, what he's trying to do is make a deal that won't cost him his speakership and it also won't be undermined by people in his caucus. he needs to have a significant share of republican's vote for whatever we do and i think he's trying to do that. that's why he sent us home a day early last week and canceled business this week. i think he's trying to keep his own people out of town so he has more flexibility in coming up with a solution. >> stephanie: you know it seems to me, representative, you described it exactly right. that's the problem is that
. >> stephanie: and they're looking at this same polling and yet john boehner is still saying things like this. >> where are the president's spending cuts? the longer the white house walks this process the closer our economy gets to the fiscal cliff. >> stephanie: how many times can the president say it? you know, this is not negotiable. tax rates have to go up on the wealthiest. >> right. well you know, it is a very strange situation. it does feel a lot like groundhog...
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one person has the power to do it -- speaker john boehner. if he calls the bill that passed the senate as he is being urged to by his own members of his own party, we can give a good holiday gift. if not a gift, at least a holiday reference to families all across america who are looking for some help, not only in this holiday season but beyond. madam president, i ask that my next statement be placed in a separate part in the record. the presiding officer: without objection. mr. durbin: after a long debate, a lot of television commercials, robocalls and tons of political literature, the 2012 campaign is finally over. america breathes a sigh of political relief. but it was all said and done, more than 120 million americans participated. as we know, the american people have returned divided government to washington. we have a democratic senate with an increased majority, a democratic president, and a republican house of representatives. yet, by a margin of 3.4 million popular votes and 126 electoral votes, president obama was re-elected. now tha
one person has the power to do it -- speaker john boehner. if he calls the bill that passed the senate as he is being urged to by his own members of his own party, we can give a good holiday gift. if not a gift, at least a holiday reference to families all across america who are looking for some help, not only in this holiday season but beyond. madam president, i ask that my next statement be placed in a separate part in the record. the presiding officer: without objection. mr. durbin: after a...
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. >> reporter: earlier on tuesday the president and house speaker john boehner shared a phone call to discuss the latest republican proposal. it comes after the obama administration lowered its request for new tax revenue from $1.6 trillion in over ten years to 1.4 trillion. but before the call boehner was critical of the president. >> right now the american people have to be scratching their heads and wondering when is the president going to get serious. >> the economic uncertainty comes at a time when retailers are hoping for strong holiday sales. the prospect of higher taxes for all americans threatens to sink consumer confidence. >> the specifics of the deal are not as important to us as getting a deal. >> now, in that abc news interview with barbara walters, the president said he thinks the american people will be better off with a done deal. harry reid who's a senate majority leader says he does not expect a deal before christmas. terrell. >> we'll have to see. susan mcginnis in washington. thank you so much. >>> today in morocco, they opened a meeting to discuss the syrian cris
. >> reporter: earlier on tuesday the president and house speaker john boehner shared a phone call to discuss the latest republican proposal. it comes after the obama administration lowered its request for new tax revenue from $1.6 trillion in over ten years to 1.4 trillion. but before the call boehner was critical of the president. >> right now the american people have to be scratching their heads and wondering when is the president going to get serious. >> the economic...
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boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive interview with barbara walters of abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off. american families will be much better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. and i'm pretty confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high-income individuals. >> prediction -- are you going to be able to raise taxes, yes or no? >> oh -- taxes are going to go up one way or the other. >> they are? >> i think the key is to make sure that taxes go up on high-end individuals like you and me, barbara. we can afford it. >> you can see the rest of tha
boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive interview with barbara walters of abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off....
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boehner, 24% approve. 54% disapprove. i would say, the republican party continues to have a branding problem. >> there is. >> or a disintegrating problem in washington. >> it is a branding problem that was born of chaos in the primary process that continues. there is a great "politico" article that actually talks about the republican problem with branding. and talks about -- >> it's a great piece. >> have you seen this? >> yeah. >> the republican party has a branding problem. these are researchers that say -- we asked 22, 23 different topics, whether americans related more to the democratic party or the republican party. 22 of the 23, they appeal more to democrats. >> yeah. >> it is a generalized, massive branding problem over what's happened nationally over the past year. >> except in the south. >> the piece, in part, points out that unlike people who sit around here, most people, normal people out there in america react emotionally to politics when they hear phrases, they react emotionally. does this represent hope? fea
boehner, 24% approve. 54% disapprove. i would say, the republican party continues to have a branding problem. >> there is. >> or a disintegrating problem in washington. >> it is a branding problem that was born of chaos in the primary process that continues. there is a great "politico" article that actually talks about the republican problem with branding. and talks about -- >> it's a great piece. >> have you seen this? >> yeah. >> the...
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president obama and speaker boehner are keeping an open dialogue. speaking on the phone yesterday after trading secret proposals to avoid the year-end deadline. with few details revealed, officials say the president lowered his initial asking price on tax cuts to $1.4 trillion. president boehner took his displeasure to the house floor. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow-walks this process, the closer our economy gets to the fiscal cliff. >> president obama responded, showing republicans where they could find the details. >> it's not a mystery. we've seen this before. this is the document that contains the specific spending cuts. the speaker of the house sent us a proposal that was two pages long that included one sentence on revenue. the proposal here includes, i believe from pages 17 to 45, details on proposed spending cuts by the presi
president obama and speaker boehner are keeping an open dialogue. speaking on the phone yesterday after trading secret proposals to avoid the year-end deadline. with few details revealed, officials say the president lowered his initial asking price on tax cuts to $1.4 trillion. president boehner took his displeasure to the house floor. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he...
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and fainter. -- and john boehner. that is the problem. john boehner is having trouble finding help from his leadership. but the american people are suffering. i repeat -- i am sorry -- what clara mccaskill said. the speaker has to make an important decision whether he is going to save his speakership or the country. >> how about the president's fiscal cliff plan? why hasn't that been put up for a vote yet in the senate? are you planning on putting it up for a vote? the white house proposal they floated around last week, on capitol hill. where you put it up for a vote? >> i have no idea what you are talking about. >> the white house plan, the treasury secretary. >> i have no idea what that is. >> the plan that includes revenue. >> what kind of revenue? >> the top 2%. >> what else? >> of the debt limit authority as well. and 1.6 trillion dollars was the total. in the stimulus, he to hundred billion dollars. and later mcconnell offered to support a vote for it in the senate. >> i have to be careful what he offers. the last one he offered, he
and fainter. -- and john boehner. that is the problem. john boehner is having trouble finding help from his leadership. but the american people are suffering. i repeat -- i am sorry -- what clara mccaskill said. the speaker has to make an important decision whether he is going to save his speakership or the country. >> how about the president's fiscal cliff plan? why hasn't that been put up for a vote yet in the senate? are you planning on putting it up for a vote? the white house...
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president obama and house speaker john boehner talked by phone today about the so-called fiscal cliff-- those tax hikes for most americans and massive spending cuts that will kick in the first of the year unless two strike a budget deal. a republican source tells us that the president has cut his demand for more tax revenue from $1.6 trillion to $1.4 trillion, but the source said that the lower figure is no more acceptable to republicans. but the negotiations continue in private. the united states has a lot at stake in the syrian civil war. president obama has suggested that american firepower might be needed to prevent the dictatorship from using chemical weapons. we've learned that tomorrow the administration will endorse one of the rebel groups that is now fighting to overthrow bashar al- assad. who are these new american allies? clarissa ward found their leader in brussels. >> reporter: moaz al-khatib is the man chosen to lead a newly formed coalition of syria's opposition groups. what does it mean to be recognized by the u.s.? "the u.s. administration has big influence globally"
president obama and house speaker john boehner talked by phone today about the so-called fiscal cliff-- those tax hikes for most americans and massive spending cuts that will kick in the first of the year unless two strike a budget deal. a republican source tells us that the president has cut his demand for more tax revenue from $1.6 trillion to $1.4 trillion, but the source said that the lower figure is no more acceptable to republicans. but the negotiations continue in private. the united...
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why is he flip-flopping and speaker boehner not flip-flopping. >> i think speaker boehner is flip-flopping because he doesn't control his own conference. he's subject to pressure from the far right wing of his party which doesn't care about the deficit. all they care about is shrinking the federal government so as grover norquist said, it could fit in the bathtub. they don't want social security. they don't want medicare or the government to do all of these things that they started doing the last 75 or 80 years. they want to use this as blackmail to get congress and the president to do things they would never do on the merits. >> eliot: your bill will not make it through the house given the current control of the house. last year, the white house made i think what all of us agree is an egregious tactical and strategic error in not negotiating the debt ceiling increase as part of the budget deal. will they make the same mistake this time and isn't it necessary they include the increase as part of what the speaker and the president agree to in the near term? >> the president has said he want
why is he flip-flopping and speaker boehner not flip-flopping. >> i think speaker boehner is flip-flopping because he doesn't control his own conference. he's subject to pressure from the far right wing of his party which doesn't care about the deficit. all they care about is shrinking the federal government so as grover norquist said, it could fit in the bathtub. they don't want social security. they don't want medicare or the government to do all of these things that they started doing...
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and boehner. boehner is having trouble finding help from his leadership as to what to do. the american people are suffering. sorry, claire mccaskill said. leader has to make a decision on whether to say the speakership. >> how about the president's fiscal cliff plan, the white house plan? is he planning on putting it up for adoption question mark -- adoption? >> i'm sorry? >> will be put up for a vote? the white house's plan? >> i have no idea what you are talking about. >> the debt limit and -- >> what else? >>1.6 trillion was the total. >> leader mcconnell offered to the floor at the senate -- will you be doing that? >> they have to be careful -- i have to be careful. >> [inaudible] >> our coverage of the fiscal negotiations will continue in a minute. over the past few months, you can buy fiscal cliff talks by going to c-span.org and clicking on the link. -- you can read more about the fiscal cliff talks by going to c-span.org and clicking on the link. we will year from representative john larson on the fiscal cliff negotiations. after that, we will hear from stephen ohl
and boehner. boehner is having trouble finding help from his leadership as to what to do. the american people are suffering. sorry, claire mccaskill said. leader has to make a decision on whether to say the speakership. >> how about the president's fiscal cliff plan, the white house plan? is he planning on putting it up for adoption question mark -- adoption? >> i'm sorry? >> will be put up for a vote? the white house's plan? >> i have no idea what you are talking about....
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boehner handed over his sword. it's clear the republicans with all the desense among them are ready to raise rates. that's probably going to happen. that's really a rubycon they have to do it raising the eligibility age for medicare, changing the cost of living adjustment means testing. they get nothing. they cannot accept higher rates. if they get something from the president, which he is withholding now, i think that will give them a way to at least honorably hand over a sword but walk out still dressed. >> with their trousers? >> yes. >> that is it for a clothed panel. student for some things that make interviews more interesting than others on capitol hill. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is goin
boehner handed over his sword. it's clear the republicans with all the desense among them are ready to raise rates. that's probably going to happen. that's really a rubycon they have to do it raising the eligibility age for medicare, changing the cost of living adjustment means testing. they get nothing. they cannot accept higher rates. if they get something from the president, which he is withholding now, i think that will give them a way to at least honorably hand over a sword but walk out...
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speaker boehner has to run for speaker again next year. he's got to get these republicans to a deal and then he's got to get himself re-elected as speaker. he doesn't want to lose his conference, right? he's got to manage that at the same time he's doing this negotiation. he went to the house floor today and said that the president has not been public enough with spending cuts. the speaker really sending a ignal there, i think, to the white house, saying, hey, put some spending cuts on the table here and maybe we can start to deal. but right now, i'm in a lot of political pain up here on capitol hill. >> let's get the market context in all of this, with this, a little bit of give and take, eamon, we're seeing the s&p futures up by a third of a percent. at the market highs of the day, prior to when senator reid threw some cold water on hopes that they're inching closer to a deal here. so, in the after hours, it is interpreted as being a positive development in if fiscal cliff negotiations. >> and it was -- >> that's right. >> it was all day
speaker boehner has to run for speaker again next year. he's got to get these republicans to a deal and then he's got to get himself re-elected as speaker. he doesn't want to lose his conference, right? he's got to manage that at the same time he's doing this negotiation. he went to the house floor today and said that the president has not been public enough with spending cuts. the speaker really sending a ignal there, i think, to the white house, saying, hey, put some spending cuts on the...
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how far does the president have to go to give boehner something that helps boehner go to his caucus and say let's just do our deal. >> you want someone to be singing "i'll be home for christmas." >> there you go. >> first, it's nice to see you in d.c. >> it's a great pleasure. >> we have this little bubble of optimism in the conventional media the past few days. although they're talking, they're not saying much, there must be progress, but we still have a fundamental divide here. the president says rates have to go up. he doesn't want to trade the debt ceiling for anything. he thinks that should be separate. and boehner put out a proposal saying we'll raise invest knews but we're going to lower rates. won't specify, as you noted earlier. there seems to be in the staff level at least not much progress, any progress, being made. i have to believe the fundamental dynamic is still the same, that boehner is going to have a hard time convincing more than half of his caucus, even half of his caucus, to support something that really gives the president a lot in terms of revenue cuts and doesn't
how far does the president have to go to give boehner something that helps boehner go to his caucus and say let's just do our deal. >> you want someone to be singing "i'll be home for christmas." >> there you go. >> first, it's nice to see you in d.c. >> it's a great pleasure. >> we have this little bubble of optimism in the conventional media the past few days. although they're talking, they're not saying much, there must be progress, but we still have a...
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>>reporter: you get a sense that president obama and speaker boehner get along fine but today boehner hammered the president essentially making the point that if he got the tax increases he wants, we would still face trillion dollar deficits. here is more from speaker boehner on cutting spending. >> the president doesn't agree with our approach, he has an obligation to put forward a plan that can pass both chambers of the congress. right now the american people have to be scratching their heads and wondering when the president will get serious. >>reporter: you hear frustration from the speaker of the house and we hear frustration from owe lawmakers. the negotiations are between just the president and the speaker and folks are walking around capitol hill not sure what is going on in the private talks. >>shepard: no one seems sure of anything in that entire city but democrats are not optimistic, either. >>reporter: the calendar, we have checked, and done some reporting on our own, when a deal needs to be struck and in the next 48 hours we have to get something done when you consider the
>>reporter: you get a sense that president obama and speaker boehner get along fine but today boehner hammered the president essentially making the point that if he got the tax increases he wants, we would still face trillion dollar deficits. here is more from speaker boehner on cutting spending. >> the president doesn't agree with our approach, he has an obligation to put forward a plan that can pass both chambers of the congress. right now the american people have to be scratching...
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aids say the president wanted boehner to offer up more issues on the tax revenue, and boehner wants the president to be more particularly about spending cuts. states have until this friday to tell the federal government whether they want to set up their own insurance exchanges or do it themselves. the government has given conditional approval to six tait -- states who want to do it themselves. six want a state and federal partnership, and six haven't said anything at all. tennessee is the latest to say it won't set up an online marketplace bringing the total to 21. republican governor said he is not a fan of the care act but he is one of several republicans who just did nothing until now, hoping the law would be overturned. we're back after the break. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what you're telling me. >> she's joy behar. ... and current will let me say anything. >> only on current tv. i think the number one thing that viewers like about the young turks is that we'r
aids say the president wanted boehner to offer up more issues on the tax revenue, and boehner wants the president to be more particularly about spending cuts. states have until this friday to tell the federal government whether they want to set up their own insurance exchanges or do it themselves. the government has given conditional approval to six tait -- states who want to do it themselves. six want a state and federal partnership, and six haven't said anything at all. tennessee is the...
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sometimes it might just be president obama and john boehner. host: that's what we have now. now, bernie, a democratic caller. caller: i receive disability, social security disability. i was wondering how much of a cut would they be taking? i really depends on it. guest: i don't think it would be cut under sequestration. in the long term there is and what might come out of this budget deal is a commission to review social security. it is true that social security disability program has a backlog of reviews by an administrative judge is right now. so there's a little concerned that some undeserving people are getting the payments. so that is something that will be examined over the next couple years. i don't think your benefits will be cut next year due to sequestration. host: tomorrow we will focus on social security and some different proposals for addressing that and the overall fiscal cliff tops. another tweet -- is that possible? guest: congress always waits till the last minute and they often kick the can down the road. but for the last couple years everything was waitin
sometimes it might just be president obama and john boehner. host: that's what we have now. now, bernie, a democratic caller. caller: i receive disability, social security disability. i was wondering how much of a cut would they be taking? i really depends on it. guest: i don't think it would be cut under sequestration. in the long term there is and what might come out of this budget deal is a commission to review social security. it is true that social security disability program has a backlog...
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. >> reporter: private face-to-face talks were revived this weekend when house speaker john boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks. >> reporter: republicans have adamantly opposed raising taxes, but now some are considering it if democrats agree to social security and medicare changes. republicans were disappointed with the proposed spending cuts in the president's first offer which do not include changes to entitlement programs. >> we have got to do something about the spending. an obsession to raise taxes is not going to solve the problem. >> reporter: advocates for seniors wants social security and medicare out of the fiscal cliff debate. >> don't talk about them as if they're entitlement reforms and giveaways. these are programs that people have paid for over their entire working lives and have earned these programs. >> reporter: if lawmakers and the president don'
. >> reporter: private face-to-face talks were revived this weekend when house speaker john boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks. >> reporter: republicans have adamantly opposed raising taxes, but now some are considering it if democrats agree to social...
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not boehner. and the president went back and tried to jam boehner, because he thought there was division in the ranks. so one of the challenges that boehner or mitch mcconnell has is you need to be one voice as the president's one voice but you have a lot of members. >> what about hedge funds? don't raise the rates, just make them pay the rates. make them pay ordinary income. i'm always surprised, you convert ordinary income rates to capital gains, that's not what people do. just pay ordinary, right? you agree to that. they don't have to raise the rates. >> did you readed article that harvard is the hedge fund that has the university on the side? >> i don't know. >> $27 billion hedge fund. >> you agree with me they ought to switch the rate with ordinary income. >> i'm not -- look, it's a tax increase but you can offset it by tax cuts elsewhere. you could do tax reform in such a way that long as it doesn't net money to the government. if the government sees additional cash they go, oh, and they dro
not boehner. and the president went back and tried to jam boehner, because he thought there was division in the ranks. so one of the challenges that boehner or mitch mcconnell has is you need to be one voice as the president's one voice but you have a lot of members. >> what about hedge funds? don't raise the rates, just make them pay the rates. make them pay ordinary income. i'm always surprised, you convert ordinary income rates to capital gains, that's not what people do. just pay...
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i think john boehner has difficult task in selling that to his caucus and increasing the top rate. i think at the end of the day they know have to do it. the american people are there and are willing to accept an even desire seeing the top rate increase. tea party caucus, still a hard right that's against it. but i think he finds a way to sell that to them. so i think the answer to that question is yes. >> bill: before we move along the g.o.p. fire wall, you've reported really, there are more cracks in the fire wall every day. >> there are. some of them are on the senate side which is less of a problem i think. corker and some others who have been a little bit more moderate on the issue. you've seen a couple of cracks among house republicans cole and some others. it has been a little bit less -- more muted than the senate side but i think there's enough there that eventually they'll accept it. it is of course what they get in return. they're not going to come out and say okay, fine, we caved. we're allowing the top rates to go up until they've got something they believe they can ta
i think john boehner has difficult task in selling that to his caucus and increasing the top rate. i think at the end of the day they know have to do it. the american people are there and are willing to accept an even desire seeing the top rate increase. tea party caucus, still a hard right that's against it. but i think he finds a way to sell that to them. so i think the answer to that question is yes. >> bill: before we move along the g.o.p. fire wall, you've reported really, there are...
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he's talking to john boehner now and we're all better off because of it. >> he's still going out and talking to the people with his message. my point is congress will deal with this fiscal mess one way or another. if they get it done, it will be a great accomplishment for everybody. we may get immigration reform since republicans seem to now want immigration reform. i'm not sure what else you can get from congress in this atmosphere. what i worry about obama in the second term is not arrogance and complacency, all that may be true. i wonder what you may get done with congress still in a state of gridlock. >> this is the biggest fear of republicans we cut a deal in the short term on fiscal cliff without any real spending reform or tax reform and won't have enough time or political will to get the real reforms that need to take place and republicans raise taxes and get no spending cuts. >> that's the biggest fear of democrats we don't deal with thi this. >> eugene, we were showing the tape of harry reid. we write, republicans must wise up. the biggest problem the republican party faces
he's talking to john boehner now and we're all better off because of it. >> he's still going out and talking to the people with his message. my point is congress will deal with this fiscal mess one way or another. if they get it done, it will be a great accomplishment for everybody. we may get immigration reform since republicans seem to now want immigration reform. i'm not sure what else you can get from congress in this atmosphere. what i worry about obama in the second term is not...
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boehner wants to know what spending cuts the president is talking about . the president wants to know what kind much tax hike the republicans go on. >> gretchen: it feels like dejavu. ground hog dog. last year it the debt ceiling orificical cliff. it was the debt ceiling. >> steve: first fiscal cliff of our lifetime. >> gretchen: it feels like it has been here a longg time and they were talking about the importance of the day to get the bill actually through. i feel like they can jump through hoops and get past that, too. >> eric: had it has to originate in the house and sent over marked up to the senate and point being there is a lot of hoop to jump through. you know. rudy guiliani is on hannity last night. he was approached with the same sort of problem in new york city . listen to how he handled it >> i was given a report that said you have to raise taxes and said nothing about reducing spending. i was not an economic expert. i became one after becoming mayor in new york. i said it makes no sense. if i raises tax now. i will have to do it in two or four
boehner wants to know what spending cuts the president is talking about . the president wants to know what kind much tax hike the republicans go on. >> gretchen: it feels like dejavu. ground hog dog. last year it the debt ceiling orificical cliff. it was the debt ceiling. >> steve: first fiscal cliff of our lifetime. >> gretchen: it feels like it has been here a longg time and they were talking about the importance of the day to get the bill actually through. i feel like they...
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. >>> the problem for boehner is, i oppose tax rate increases because tax rate increases cost american jobs. that gives you no room to give on rates. it is, by the way, not an original thought. who said this? the tax increase will kill job and lead to a recession and the recession will force people out of work and on to unemployment and actually increase the deficit. that's newt gingrich in 1993 on the clinton tax increase and those of us who were working on the other side of that tax increase, newt, have been waiting for your apology for 20 years for being completely wrong about that. >> i don't agree with you. >> but the economy soared. no one lost a job because of that tax increase. there was no recession. >> baloney. >> there was no recession. >> lawrence o'donnell on "meet the press" this weekend enjoying a long delayed accountability from former speaker of the house, newt gingrich. the reason that feels good to watch is because it's so rare and so satisfying to have real historical context and accountability on these self-serving power play of the moment. that is usually what the
. >>> the problem for boehner is, i oppose tax rate increases because tax rate increases cost american jobs. that gives you no room to give on rates. it is, by the way, not an original thought. who said this? the tax increase will kill job and lead to a recession and the recession will force people out of work and on to unemployment and actually increase the deficit. that's newt gingrich in 1993 on the clinton tax increase and those of us who were working on the other side of that tax...
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boehner offered $800 billion over ten years. the white house wants $1.6 trillion. they have to meet on the numbers somewhere. at this point boehner's office is saying they have refused even to agree to a higher number. >> woodruff: finally, one is hearing some talk that one or the other side may feel it's better to wait until after january 1. >> well i think people are both sides are start of gaming out what happens if we to january. democrats feel that, you know, at that point everything becomes a tax cut because taxes are already up. so we'll be cutting taxes. and republicans maybe feel that, you know, you could see where that might be a good thing for them too. there are big pressures bushing against... pushing against that too. this is a congress that has been fighting over these issues for two years. corker has made this point as well. if we can't do it, we've been over all these issues. now is the time. there's going to be a new congress in january. you have to educate all these new people coming in. in addition to the economy, there are incentives to get it
boehner offered $800 billion over ten years. the white house wants $1.6 trillion. they have to meet on the numbers somewhere. at this point boehner's office is saying they have refused even to agree to a higher number. >> woodruff: finally, one is hearing some talk that one or the other side may feel it's better to wait until after january 1. >> well i think people are both sides are start of gaming out what happens if we to january. democrats feel that, you know, at that point...
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john boehner sitting by himself. all alone. not a single member of the party willing to share his company. he didn't even have any milk to drink, because -- tell them why. >> they have taken my milk and up there it in the garbage. >> eric: bar guy.>> poor guy. >> dana: hard to be a leader. lonely at the top. i have a story about a monkey and ikea. the shoppers are at ikea and they look down and there is a monkey in a coat. he got away from his owners. so the monkey was walking around. they got fined. they only got fined $240 for having illegal pet. which you can't have a monkey, bob, i know you had one in college. not a good idea. do not try this at home. i thought that was weird. at the time, set your dvrs or tune in at 1:00 p.m. i'm on the record filling in for greta. greg, do not give a look like that, mr. self-promotion. on the record tonight. >> bob: mention the book. >> dana: talk about the monkey? >> greg: where did a monkey get a coat that size. i need to find out. it's hard for me to get -- >> dana: down the street. we
john boehner sitting by himself. all alone. not a single member of the party willing to share his company. he didn't even have any milk to drink, because -- tell them why. >> they have taken my milk and up there it in the garbage. >> eric: bar guy.>> poor guy. >> dana: hard to be a leader. lonely at the top. i have a story about a monkey and ikea. the shoppers are at ikea and they look down and there is a monkey in a coat. he got away from his owners. so the monkey was...
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. >> are you worried about the republican reaction, about the agreements that boehner first put on the table, by closing loopholes for the rich, but the issue on the rich, does it come down to that or is it bigger, whether or not we can get entitlement reform? we can't do it in three weeks. how serious is the president about doing this? the republicans are on board, but you need the president to lead on entitlement reform to bring the democrats along if we expect to get anything done. >> look, i'm worried for america. just as ronald reagan went to at thitip o'neill, was solve a lotn social, jussocial security, jusl clinton was able with newt gingrich was able to reform welfare. we need a president that provides leadership. wattwhat's scary to me, is it fr that any american pays more than half his income to taxes? you have your tax, then healthcare tax, in bakersfield, california, you're well into 50% before you pay a sales tax or anything else. that isn't solving the problem. that's paying nothing down on the deficit. the spending continues to go up by more than 16%. we're in a worse s
. >> are you worried about the republican reaction, about the agreements that boehner first put on the table, by closing loopholes for the rich, but the issue on the rich, does it come down to that or is it bigger, whether or not we can get entitlement reform? we can't do it in three weeks. how serious is the president about doing this? the republicans are on board, but you need the president to lead on entitlement reform to bring the democrats along if we expect to get anything done....
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we've been insisting that we should have those negotiations between boehner, reid, everybody foets harry reid is in the room and obama with c-span cameras there so every american can see what actual happens. if they saw what they're talking about, we would have a much better deal at the end of the day. melissa: i don't know. i think we wld a be in agony watchin what was happening there. >> you wouldn't have to watch the whole thing but somebody could tell you what happened. melissa: grover, tnks so much here is our "money" question of t day, should grover rquist give into tax hikes? many of you mentioned he is not elected official. we know what you mean. like us on facebook.co facebook.com/melissafrancisfox or fl neon twitter -- follow me on twitter at melissa a francis. detroit is the latest possibility of being latest and biggest city to file for chapter 9 bankruptcy. detroit mayor binge said the city will lay off 400 to 500 workers in the nexx few months. will take a lot more than that to keep the city from going broke. we're joined by michigan senator rick jones. thanks for joining m
we've been insisting that we should have those negotiations between boehner, reid, everybody foets harry reid is in the room and obama with c-span cameras there so every american can see what actual happens. if they saw what they're talking about, we would have a much better deal at the end of the day. melissa: i don't know. i think we wld a be in agony watchin what was happening there. >> you wouldn't have to watch the whole thing but somebody could tell you what happened. melissa:...
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speaker boehner co-oped obama's language with raising taxes on the rich. i'm saying, wait a minute, there are things you can do. i thought there was a good piece in the "washington post" today, laying out five steps. stand your ground, go on offense, and pass your plans. >> yeah. one of the things we don't do is, we don't make the point that if we are going to do revenue enhancements, they must be in exchange for spending cuts and should happen together. we can no longer do spending cuts with promised reductions in spending that never happen. >> sean: why aren't we talking about the moral imperative? i think this is a moral imperative. we're borrowing 46 cents of every dollar. we're robbing our children and grandchildren. >> right. >> sean: why isn't that the debate that's front and center? everyone says we ought to raise taxes on the rich. that lasts 8 1/2 days a year. >> obama has co-oped the message, let's raise taxes on the rich, which actually brings very little money, does not solve the problem. it's a symbolic gesture rather a real gesture. the real
speaker boehner co-oped obama's language with raising taxes on the rich. i'm saying, wait a minute, there are things you can do. i thought there was a good piece in the "washington post" today, laying out five steps. stand your ground, go on offense, and pass your plans. >> yeah. one of the things we don't do is, we don't make the point that if we are going to do revenue enhancements, they must be in exchange for spending cuts and should happen together. we can no longer do...
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the boehner plan goes for $2 trillion in deficit reduction, boehner wants, oh, yeah, he's going to kkck tail, all right? we're going to get $2.2 billion in the spending of this country. let me rephrase that. that'll be a $2.2 trillion reduction in the total planned spending. the growth of our spending will alter, it'll be just about that line right there. we're potentially looking at the republican plan, well, in 2020, i guess the best way to show you is just how tough it is. we'll only have a deficit and a debt, a national debt under the boehner plan -- remember, this is the o plan, this is the b plan -- $25.2 trillion by 2022. mr. obama wants $350 billion in entitlement cuts over the next ten years, mr. boehner wants $800 billion in entitlement cuts, and we're going to see a big, dramatic negotiation. and what you and i is -- and all of our fellow americans are looking at is the prospect of a recession next year if the president and mr. boehner can't come to an agreement, as much as a 10% unemployment rate because both this president and the republican party, as you can see here, are
the boehner plan goes for $2 trillion in deficit reduction, boehner wants, oh, yeah, he's going to kkck tail, all right? we're going to get $2.2 billion in the spending of this country. let me rephrase that. that'll be a $2.2 trillion reduction in the total planned spending. the growth of our spending will alter, it'll be just about that line right there. we're potentially looking at the republican plan, well, in 2020, i guess the best way to show you is just how tough it is. we'll only have a...
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if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across-the-board spending cuts will kick in on january 1st. >> reporter: there are signs some republicans are now willing to compromise on taxes, if they can secure cuts to social security, medicare, and medicaid. >> you give the president the 2% he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. >> reporter: one proposal under discussion, raging the eligibility age for medicare is not going well for some dem -- democrats and advocates for senior citizens. >> the option to raise the medicare age is bad policy and will increase costs. because people who are 65 and 66 still need health insurance. >> reporter: the aarp says the real solution to cutting the deficit is lowering skyrocketing healthcare costs. in washington, danielle nottingham, wjz eyewitness news. >> well, the official fiscal cliff deadline is december 31st. many on capitol hill say an agreement is needed buyer the before the end of this w
if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across-the-board spending cuts will kick in on january 1st. >> reporter: there are signs some republicans are now willing to compromise on taxes, if they can secure cuts to social security, medicare, and medicaid. >> you give the president the 2% he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements....
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because even if they do, can john boehner deliver? >> well, it's a question, if he doesn't have a revolt on his hands. so far, outside conservative groups are saying don't touch those rates. but inside the republican caucus right now, they're remaining pretty silent. and the democrats, the president has the same problem in many ways than john boehner has. because he's going to lose a lot of his base -- >> if there's entitlement cuts. >> if there's entitlement cuts. and john boehner is going to lose a lot of his base if you raise tax increases. so both of these men are in the same political position, if you will. the president clearly has more leverage, won the election. but this is not without political risk for both of them. after all, isn't that what leadership's about sometime, taking a political risk? >> but we'll see, this is a critical week, this week right now. gloria, thanks very much. >>> we're also getting word of a big move by the national republican party. they're trying to understand why so many of their candidates lost t
because even if they do, can john boehner deliver? >> well, it's a question, if he doesn't have a revolt on his hands. so far, outside conservative groups are saying don't touch those rates. but inside the republican caucus right now, they're remaining pretty silent. and the democrats, the president has the same problem in many ways than john boehner has. because he's going to lose a lot of his base -- >> if there's entitlement cuts. >> if there's entitlement cuts. and john...
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seemed to be putting in to place with boehner and then boehner walked away, as well, and the whole thing fell apart. i think you have seen an acknowledgment. if the president and boehner come to an agreement then the senate will come along, the house democrat wills come along. a number of them will. these are really the key negotiators and has to be done at that level to get something finished. >> jonathan, i have to say i'm a little bit skeptical about one aspect of this. it looks like we're closer and closer to a deal where rates rise. so conservative republicans will be asked to raise rates, something that's been anath ma to the party and the far right wing. and then you guys are reporting over at politico the next battle is going to be immigration reform. where they're likely to be asked to support what many of them would have sort of offensively and wrongly called amnesty for illegals. isn't there a revolt on the right in the house republican caucus in particular? >> i certainly think that there is possibly some carryover effect of one issue to the next, particularly if the right fe
seemed to be putting in to place with boehner and then boehner walked away, as well, and the whole thing fell apart. i think you have seen an acknowledgment. if the president and boehner come to an agreement then the senate will come along, the house democrat wills come along. a number of them will. these are really the key negotiators and has to be done at that level to get something finished. >> jonathan, i have to say i'm a little bit skeptical about one aspect of this. it looks like...